Answer:
strong domestic currency hampers exports
weaker domestic currency stimulates exports
Explanation:
The exchange rate has an effect on the trade surplus or deficit, which in turn affects the exchange rate, and so on. In general, however, a weaker domestic currency stimulates exports and makes imports more expensive. Conversely, a strong domestic currency hampers exports and makes imports cheaper.
The value of exchange rates affect the demand for exports and imports. ... If the dollar is appreciated against Indian Rupee, the importer needs to pay more India currency against Import Bill. Ultimately it affect the cost of final product and final product become more costlier.
High interest rates help promote a strong currency, because foreign investors can get a higher return by investing in that country. However, the level of interest rates is relative. ... Ordinarily, this would weaken the U.S. dollar, except for the fact that interest rates behind other major world currencies are also low.
He stated that he did not feel like rejoicing because the people he fought against had fought valiantly and full of pride for their cause and never faltered. He did add that although he admired their strength of belief, he did believe that the cause they chose was the worst cause in the history of mankind and that they were in the wrong.
In 1973 Chile had a military coup supported by the United States to remove president Salvador Allende from power.
Salvador Allende was the first socialist to win presidential elections in South America. He was the candidate of the Unión Popular party in the elections of 1970.
Liberal and conservative citizens, alongside military leaders, turned to the USA for help in the organization of a military coup. At the same time, President Nixon and Kissinger wanted to interfere in order to avoid the spread of communism in South America. According to documents from the White House, the USA cooperated in sending intelligence, weapons, and soldiers.
The coup took place in September of 1973 and was commanded by General Augusto Pinochet, who became president of Chile and governed until 1990. The military forces surrounded the house of government, La Moneda, asking for Allende's resignation. After resisting for half a day, the president died.
You can learn more about Chile's coup of 1973 below:
brainly.com/question/26774879
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Answer:
Because it encourage the use of profit oriented private prisons.
Explanation:
New Mexico became dependent on prison Labour because the country had no quality jobs and the education standard was poor. As a result of this many citizens had to take on several illegal jobs just to make a living. This led to the apprehension and detention of most of this citizens over the years.
Over the years New Mexico's economic situation became worse and this only increased the number of incarcerated people within the country. Due to this, private prison coperations such as Corecivics, GEO groups, MTC came into the country and there was an introduction of private prisons which were then used as a means of generating profit from using inmates for business purposes.
The answer is B
hope this helped!
